SSAs roar into action in dollars as investors clamour for paper

By Tessa Wilkie
28 Aug 2014

The supranational and agency issuers that reopened benchmark issuance in dollars this week enjoyed strong demand as investors starved of supply scrambled to put their cash to work.

The European Investment Bank printed a $3bn seven year deal on Thursday — its second seven year global of 2014 — after attracting enough orders to cover the deal twice, all without having to offer a generous concession.

“We decided to look at issuance now because the ...

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